Saudi National Bank chair resigns in wake of Credit Suisse loss
Ammar Al Khudairy said on March 15 that the biggest Saudi bank by assets could not buy more shares in Credit Suisse on regulatory grounds.
Symphony shares to trade ex-buyback this week
The company will buyback about 10,00,000 equity shares through the tender offer route at Rs 2,000 per share from all the eligible shareholders as on record date. The buyback amount excludes expenses to be incurred for various charges, costs and taxes.
Troubled Silicon Valley Bank acquired by First Citizens
Customers of SVB will automatically become customers of First Citizens, which is headquartered in Raleigh, North Carolina. The 17 former branches of SVB will open as First Citizens branches Monday, the FDIC said.
Tech View: Nifty charts hint at indecisiveness. What should traders do Tuesday
On the Monthly Option front, Maximum Call OI is at 18,000, then 17,000 strike, while Maximum Put OI is at 17,000, then 16500 strike. Call writing is seen at 17000, then 17250 strikes, while Put writing is seen at 17,000, then 16,800 strikes. Options data suggests an immediate trading range in between 16,800 to 17,200 […]
Avalon Technologies IPO: 10 things to know about this public offer
Avalon is a fully integrated electronic manufacturing company that offers end-to-end service solutions. The company has 12 manufacturing units located across the US and India. Some of its key clients include Kyosan India, Zonar Systems Inc, Collins Aerospace, and eInfochips, among others
We are focussed on growing our export market: Sunil Srinivasan Chari, Rossari Biotech
All the key raw materials now have come back to nearly pre-Covid levels and that is why our finished goods prices also are less. And so the top line seems less, but the volumes are definitely better than last year.
ETMarkets Smart Talk: Hold your Stocks! Gold better than equities only in the short-term: Deepak Jasani
Investors worry that banks are cracking under the strain of unexpectedly fast, large rate hikes over the past year to cool economic activity and inflation and that the banking turmoil may cause a recession if it sets off a credit crunch.
Oyo tells employees it expects nearly Rs 800 crore adjusted EBITDA in FY24
People familiar with the matter said Agarwal told staffers during the town hall that this can be attributed to ‘sustained growth’ in India, Indonesia, the US and UK besides ‘relevant optimisations’ and ‘synergies’ in the European vacation homes market.
A break above $2,100 would give gold a fresh upside target of $2,500-2,550: Laurence Balanco
Laurence Balanco of CLSA, predicts that the S&P is at risk of a retest of its October lows and a break below 3800 would increase the probability of a Nifty break below 16,800. India’s market has seen two major periods of multi-month trading ranges before the longer-term uptrend resumes. Gold is projected to test the […]
Chart Check: Momentum in gold and falling trendline breakout makes Titan attractive; time to buy?
“Titan Company stock has formed a strong bullish candle on weekly scale and given a falling supply trend line breakout on daily chart which is formed by connecting swing highs of Rs 2,626, 2,545 and 2,475 levels,” Arpit Beriwal, Analyst, Equity Derivatives & Technicals, MOFSL, said.